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Query related to cash flow statement

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(Querist)
02 November 2011 Can fixed deposits be shown as investing activity in Cash Flow Statement?
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Gursimar Singh

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Gursimar Singh (Expert)
02 November 2011 No Fixed deposits should come under "cash and cash equilence" as its as liquid as cash.
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Mayur

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Mayur (Querist)
05 November 2011 Need more clarification
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CA Siddhartha Bhardwaj

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CA Siddhartha Bhardwaj (Expert)
16 November 2011 AS 3 Cash Flow Statement defines cash as "Cash comprises cash on hand and demand deposits with banks".

Accordingly fixed deposits are cash for the purpose of AS 3.

They are not even cash equivalents because they are specifically covered in the definition of 'cash'.

Accordingly fixed deposits cannot be shown as investing activities.
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